A Producer Company is a type of company formed under the Producer Companies (Sectors) Act, 2002, designed specifically for the benefit of producers in sectors like agriculture, dairy, and horticulture. It allows producers, such as farmers or artisans, to come together to pool resources, improve production, and enhance market access. A Producer Company operates as a limited company, offering limited liability to its members. It requires at least 10 producers (individuals or producer groups) to set it up. The company helps improve bargaining power, market outreach, and resource management for its members, fostering collective growth and sustainability.
